Be in the know. 12 key reads for Thursday…

  1. Beijing Virus Outbreak Contained, Top China Expert Say (Bloomberg)
  2. We will dress up again (Financial Times)
  3. TikTok’s U.S. Revenues Expected to Hit $500 Million This Year (The Information)
  4. Initial Jobless Claims 1.5M vs 1.29M Expected (Street Insider)
  5. BoE Buying by $125 Billion to Counter Virus Crisis (Bloomberg)
  6. Wall Street giants including the CEOs of Goldman and Blackstone are pouring money into the campaign to defeat AOC in a June primary. (Business Insider)
  7. China Pledges Faster Credit Growth as Economy Faces Virus Return (Bloomberg)
  8. BP raises nearly $12 billion in first hybrid bonds issue (Reuters)
  9. Initial jobless claims continue to trend lower (Yahoo! Finance)
  10. Banks rush to borrow record €1.3tn at negative rates from ECB (Financial Times)
  11. Boaz Weinstein Is Making Bank. He’s Not Happy That You Know About It. (Institutional Investor)
  12. How Strict Are Airlines About Face Masks in Flight? (Wall Street Journal)

The Drake “Toosie Slide” Stock Market (and Sentiment Results)…

This week’s stock market theme song is Drake’s “Toosie Slide.” We chose this song to capture sentiment as the market has been consolidating its gains in “Drake style” for the past 51 days: Continue reading “The Drake “Toosie Slide” Stock Market (and Sentiment Results)…”

Be in the know. 15 key reads for Wednesday…

  1. Opinion: Insiders in these 2 market sectors are spending the most money to buy more of their company’s stock (MarketWatch)
  2. Banks’ trading bonanza just keeps going — markets units to see 20% revenue surge (fn london)
  3. Debt investors let borrowers go back to the future (Financial Times)
  4. Jim Cramer: A Zweig Wave Is One That’s Definitively Worth Surfing (TheStreet)
  5. U.K. approves use of life-saving coronavirus drug dexamethasone in ‘biggest breakthrough yet’ (MarketWatch)
  6. The Worst Is Over. Where to Find Promising Stocks. (Barron’s)
  7. U.S. home construction rebounds 4.3% in May (CNBC)
  8. ‘The dollar is going to fall very, very sharply,’ warns prominent Yale economist (MarketWatch)
  9. Moderna Is Racing Toward a Covid-19 Vaccine, but the Field Is Getting Crowded (Barron’s)
  10. Keep an eye on these infrastructure stocks, with possible $1 trillion Trump plan on deck: Traders (CNBC)
  11. Mortgage applications to buy a home surge to the highest in 11 years as rates hit a survey low (Business Insider)
  12. A Maserati Straight Out of a Vintage-Car Lover’s Dreams (Wall Street Journal)
  13. Investors Are Sitting on the Biggest Pile of Cash Ever (Wall Street Journal)
  14. If Inflation Is Coming, the Market Isn’t Ready (Wall Street Journal)
  15. Oil Demand Is Headed for Record Rebound in 2021 (Wall Street Journal)